A collection of best practice articles to help grow companies with an emphasis on finance. The goal of the blog is to explain how these best practices work, enabling anyone to put these ideas to immediate use. Articles are written by Matt H. Evans, CPA, CMA, CFM

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NOTE: Effective January 1, 2017, I will no longer post new articles since I am now fully retired.

Monday, April 27, 2015

It is ironic that so many companies have an abundance of knowledge, but
fail to use it for managing the business. Knowledge is a critical
resource that warrants much more attention. If we are serious about
managing knowledge, then we need to embrace the concepts associated with
knowledge management.

“Businesses, especially large ones, have little choice but to become
information-based. To remain competitive, maybe even to survive,
businesses will have to convert themselves into organizations of
knowledge specialist.” – The Coming of the New Organization by Peter F. Drucker

Monday, April 6, 2015

The world is
full of aggregators who can bring enormous value to your business. For example,
you may hire great designers in Italy, enlist programmers from India,
manufacture your product in China, and manage the business from the United
States. Aggregation is the bringing together of different parts to meet
important business objectives.Aggregation
often involves broad and global participation. And the use of aggregation
results in higher value as opposed to doing everything in-house.